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Supplier Diversity Overview
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Diverse Supplier Classifications

Piedmont broadly references diversity classifications from federal, state, or city governments, the National Minority Supplier Development Council, and/or the Women’s Business Enterprise National Council. All small businesses should be certified by the Small Business Association (“SBA”) and all veteran owned businesses (disabled or non-disabled) should be registered with the Department of Veterans Affairs.

Small Business Enterprise (SBE)
  • A for-profit business enterprise that must operate primarily within the United States or make a significant contribution to the U.S. economy through payment of taxes or use of American products, materials or labor
  • Together with its affiliates, it must meet the numerical size standards as defined in the Small Business Size Regulations. The business also must qualify as small as defined by SBA size standards for the company’s primary NAICS
Minority Business Enterprise (MBE)
  • A for-profit business enterprise that is at least 51 percent owned, controlled and operated by one or more individuals from a minority group. In the case of a publicly owned business, at least 51 percent of the stock is owned by one or more such individuals
  • Minority group members are United States citizens who are Asian, Black, Hispanic, or Native American
Woman Business Enterprise (WBE)
  • A for-profit business enterprise that is at least 51 percent owned, controlled and operated by one or more women who are United States citizens. In the case of a publicly owned business, at least 51 percent of the stock is owned by one or more women
Disadvantaged Business Enterprise (DBE)
  • A for-profit business enterprise that is at least 51 percent owned, controlled and operated by socially and economically disadvantaged individuals who are U.S. citizens
  • Disadvantaged individuals include Black-Americans, Hispanic-Americans, Asian-Americans and other minorities, or individuals found to be disadvantaged by the Small Business Administration pursuant to Section 8 of the Small Business Reauthorization Act
HUB Zone (HUB Zone)
  • A small business certified by the SBA as having its principle office in a certified historically underutilized business zone and at least 51 percent owned and controlled by U.S. citizens, a Community Development Corporation, an agricultural cooperative or an American Indian tribe
  • Additionally, at least 35 percent of the business’s employees must reside in a HUB Zone
Veteran Owned Business (VBE)
  • A for-profit business enterprise that is at least 51 percent owned, controlled and operated by one or more veterans
  • The term "veteran" refers to a person who served in the active military, naval or air service and who was discharged or released from service under conditions other than dishonorable
Service Disabled Veteran (SDVBE)
  • A for-profit business enterprise that is at least 51 percent owned, controlled and operated by one or more veterans with a disability that is service connected
  • The term "service connected" means that such disability was incurred or aggravated in the line of duty in the active military, naval or air service

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